Duties, that's why Musk showed (Trump) Milton Friedman's pencil
Entrepreneur publishes content blatantly critical of the President's choices on global tariffs: it is a video in which economist Milton Friedman explains how a simple pencil is made
2' min read
2' min read
Is the honeymoon between Elon Musk and Donald Trump already over? It is probably too early to say. But after the President blurted out to his aides that Mr Tesla will soon leave his political engagement, the imposition of duties seems to have thrown salt in the wound.
Let us start with a fact. Since Donald Trump announced his global tariffs on 2 April, the assets of Elon Musk have plummeted by some $28 billion. A collapse that parallels the overall annual collapse. Since Trump has been in the White House, in fact, Musk's wealth has fallen by more than 130 billion, burning off post-election euphoria and more.
And since Musk is ultimately an entrepreneur, this time it seems that Mr Tesla has decided to distance himself from his chairman.
He did so during the League congress, where he appeared by video link and explained that he hoped for a future without tariffs between Europe and the United States. A stance that Trump did not like very much.
But above all, Musk's distancing himself from Trump's tariffs was manifested in a post on X, where Mr Tesla posted a very peculiar video.
